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Required information [The following information applies to the questions displayed below] Westerville Company reported the following results from last year's operations: Sales $ 1,900,000 Variable

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Required information [The following information applies to the questions displayed below] Westerville Company reported the following results from last year's operations: Sales $ 1,900,000 Variable expenses 550,000 Contribution margin 1,350,000 Fixed expenses 875,000 Net operating income $ 475,000 Average operating assets $ 1,187,500 At the beginning of this year. the company has a $237,500 investment opportunity with the following cost and revenue characteristics: Sales $ 380,000 Contribution margin ratio 50% of sales Fixed expenses $ 133,000 The company's minimum required rate of return is 10%

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